The forecasted total value of queen scallop production in the UK is set to experience a steady year-on-year growth. Expressed in thousand euros per metric ton, the value is expected to increase from 1.72 in 2024 to 1.98 in 2028. The year-on-year growth rate varies slightly, with an average annual increase (CAGR) observed over the five-year period. In 2023, the actual value was slightly lower than the forecasted values for 2024 and beyond, indicating a positive trend in the market.

Looking ahead, the market will benefit from several influencing factors:

Improved capture technologies enhancing production efficiency.
Sustainable fishing practices boosting ecological viability.
Rising consumer demand for seafood promoting price increases.
Ongoing regulatory and environmental considerations that could affect production.